AIG under bearish pressure after the recent downward reversal from the resistance area lying between the resistance level 27,50 (top of the previous wave B), upper daily Bollinger Band and the 38.2% Fibonacci retracement of the previous downward impulse 5 from the start of March.
The downward reversal from this resistance area stopped the earlier short-term impulse wave (i).
Given the strength of the previous daily impulse wave from February AIG Copper is likely to fall further toward the next support level 22.50.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
